LOS ANGELES’ PATRIOT HOLDINGS LLC HONORED DURING HOMEVESTORS ANNUAL CONVENTION

Patriot Holdings LLC Wins Rookie of the Year Award for the We Buy Ugly Houses® Company

LOS ANGELES, CA (March 9, 2016) – Patriot Holdings LLC, a Los Angeles, California-based independently owned and operated franchisee for HomeVestors of America, was honored as the Rookie of the Year during the company’s annual convention. HomeVestors, also known as the We Buy Ugly Houses® company, gives this award to the franchise that demonstrates the most overall success in the first six to 18 months of operation as a franchisee.

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“Patriot Holdings joined the HomeVestors® family in June 2014, and it has been a pleasure to have them as one of our franchisees,” said HomeVestors co-president David Hicks. “We added 202 new franchisees in 2015, and are proud to recognize Patriot Holdings for their exceptional work among them.”

Patriot Holdings LLC was started in 2006 by four brothers and a family friend. They joined the HomeVestors family of franchises to increase their reach and better help people get out of ugly situations.

“During this past year, Patriot Holdings has really worked hard to increase HomeVestors’ reach in the greater Los Angeles area,” said Scott Mansfield, co-owner Patriot Holdings LLC. “It’s an honor to relieve the burden for members of the community who can no longer stay in their home, regardless of the reason or the condition of it.”

First runner up for Rookie of the Year was independently owned and operated franchisee Pinnacle Property Solutions, LLC from Hickory, North Carolina and in third place was Ogle Property Solutions LLC of Oklahoma City, Oklahoma.

The HomeVestors annual convention was held in Phoenix, Arizona this past December and recognized the outstanding achievements of HomeVestors’ nationwide network of independently owned and operated franchisees. To date, HomeVestors has 681 franchisees and has purchased more than 65,000 houses since its inception in 1996.

About HomeVestors of America, Inc.

Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 65,000 houses bought since 1996. HomeVestors® recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2015, for the tenth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2015, HomeVestors was recognized as the 19th fastest growing franchise by Entrepreneur Magazine and number 127 in the Franchise 500 by Entrepreneur Magazine. For more information, visit www.HomeVestors.com.